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Products October 17, 2012
Natixis Acquisition Expands Fixed-Income Offerings
Natixis Global Asset Management (NGAM) has reached an agreement to acquire McDonnell Investment Management LLC.
Reported by Rebecca Moore
McDonnell, in Oak Brook, Illinois, is investment adviser with approximately $13.5 billion in assets under management (as of September 30, 2012) for institutions and individuals. The firm is known for its specialization in fixed-income investment management, offering customized portfolio solutions employing investment-grade taxable and tax-exempt strategies to a geographically diversified client base through investment management consultants and participation on separately managed account platforms.
Client portfolio mandates encompass a breadth of fixed-income strategies including municipal bond, core bond, limited duration, multi-sector and liability-targeted benchmarks. In addition to separate account portfolios, the firm sub-advises three municipal bond funds and offers one private investment fund with an international bond mandate.
As a new NGAM affiliate, McDonnell expands the product range distributed through NGAM’s global distribution network. NGAM expects to launch a municipal bond product in early 2013.
More information is available at www.mcdonnellinvestments.com.